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Price Reduction - Waterfront
Address
1516 North Lake Shore Drive Chicago, IL
Price
$ 6,000,000
Property Attributes
  • MLS#10348202
  • TypeSingle Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodGold Coast
  • Zip60610
  • Style
  • Price$ 6,000,000
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage12000
  • Lot Size8,298 SqFt
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices KoenigRubloff
Property Description

A luxury residence like this is not viewed it's experienced. Originally built for Edward Tyler Blair, a Chicago investment banking magnate, the home was designated as a Chicago Landmark in 1989 and is listed on both the National Register and Illinois Register of Historic Places. Every once in a while an exceptional opportunity presents itself. This is one of those times. 1516 Lake Shore Drive is a jewel in the crown of the Gold Coast of Chicago. It's been 65 years since this property was available for sale. The right buyer will see the potential and accept stewardship of this piece of Chicago history. Up to 12,000+ sf in the main house with a 2,400 sq ft coach house/garage. Sketched photos are for concept only. * Image was made using computer graphics.

Price History
4/18/2019 Listed $9,000,000
8/23/2019 34% - $6,000,000

General Features

Age 100+ Years
Area Amenities Park/Playground, Pond/Lake, Curbs/Gutters, Sidewalks, Street Lights, Street Paved
Assessment Includes None
Built Before 1978 Yes
County Cook
Detached Type 4+ Stories, Coach House
Directions Lake Shore Drive North of Burton Place.
District Elementary School 299
District High School 299
District Middle/Junior School 299
Exposure E (East)
Financing Options Other
General Information Commuter Bus, Interstate Access, Historical District
HOA Fee Frequency Not Applicable
New Construction No
North 1516
Special Assessments No
Status Active
Tax Year 2017
Waterfront Yes
Year Built 1916

Interior Features

Addtl Room 1 Flooring Marble
Addtl Room 10 Name 10th Bdrm
Addtl Room 4 Name Other
Addtl Room 5 Name 5th Bdrm
Addtl Room 6 Name 6th Bdrm
Addtl Room 7 Name 7th Bdrm
Addtl Room 8 Name 8th Bdrm
Addtl Room 9 Name 9th Bdrm
Air Conditioning 3+ (Window/Wall Unit)
Basement Partial
Basement Bathrooms (y/n) No
Basement Description Crawl
Bedroom 2 Dimensions 31X14
Bedroom 2 Level/Floor 3rd Level
Bedroom 3 Dimensions 19X16
Bedroom 4 Dimensions 19X16
Corporate Limits CHICAGO
Dining Room Separate
Dining Room Dimensions 24X22
Dining Room Level 2nd Level
Electric Circuit Breakers, Fuses
Family Room Dimensions 30X22
Family Room Flooring Hardwood
Fireplace Features Gas Starter
Fireplace Locations Family Room, Living Room, Master Bedroom, Other
Fireplaces 9
Full Baths 5
Half Baths 2
Heater Fuel Type Hot Water/Steam, Baseboard
Interior Features Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement
Kitchen Appliances Oven/Range, Refrigerator
Kitchen Dimensions 14X11
Kitchen Level 2nd Level
Kitchen Type Eating Area-Table Space, Galley, Pantry-Butler, Pantry-Closet
Laundry Level/Floor Not Applicable
Living Area 12000
Living Room Dimensions 34X21
Living Room Flooring Hardwood
Living Room Level/Floor 2nd Level
Master Bed Dimensions 31X14
Master Bedroom Level 3rd Level
Other Room 1 Dimensions 22X12
Other Room 10 Dimensions 16X11
Other Room 2 Dimensions 32X22
Other Room 3 Dimensions 31X31
Other Room 4 Dimensions 30X22
Other Room 4 Level 2nd Level
Other Room 5 Dimensions 16X14
Other Room 6 Dimensions 16X15
Other Room 6 Level 3rd Level
Other Room 7 Dimensions 15X11
Other Room 7 Level 3rd Level
Other Room 8 Dimensions 19X15
Other Room 9 Dimensions 15X13
Rooms List 5th Bedroom, 6th Bedroom, 7th Bedroom, 8th Bedroom, 9th Bedroom, 10th Bedroom, Foyer, Sitting Room, Storage, Other
Street Suffix Drive
Total Bathrooms 5.2
Total Rooms 15

Exterior Features

City CHICAGO
Acreage .1905
Attached Garage Yes
Disability Access And/or Equipped No
Driveway Concrete
Exterior Features Breezeway
Garage Ownership Owned
Garage Spaces 3
Garage Type Detached
Lot Dimensions 50 X 170
Lot Features Irregular, Lake Front, Landscaped Professionally, Water View
Lot Size Area Less Than .25 Acre
Parking Garage, Space/s
Parking Ownership Owned
Roof Tile
Sewer Sewer-Public
Total Parking 2
Water Source Lake Michigan, Public

Room Details

Room Dimensions Level Flooring Details
10th Bdrm 16X11 4th Level
5th Bdrm 16X14 3rd Level
6th Bdrm 16X15 3rd Level
7th Bdrm 15X11 3rd Level
8th Bdrm 19X15 4th Level
9th Bdrm 15X13 4th Level
Dining Room 24X22 2nd Level Hardwood Separate
Family Room 30X22 2nd Level Hardwood
Foyer 22X12 Main Level Marble
Living Room 34X21 2nd Level Hardwood
Master Bedroom 31X14 3rd Level
Other 30X22 2nd Level
Sitting 32X22 Main Level Hardwood
Storage 31X31 Main Level

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60610

Price
AVG $3.88M
$6M
Visits
AVG 149
1044
Year Built
AVG 1918
1916
Walkscore
AVG 96
89
Data Provided by Walkscore ® not using MLS data